Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Grows IP Portfolio with Three More Patents in Australia, Two Notices of Allowance in the US

September 19, 2018 11:11:16
  • LXRP receives three new Australian patents and two new notices of allowance from the U.S.  patent office; the company expects to receive corresponding patents by year-end 2018
  • If issued in both Australia and the U.S., LXRP would then hold 12 issued patents within its first patent family, and it continues to pursue pending application claims in this patent family globally
  • The company, which has filed more than 50 patent applications globally, out-licenses its technology that promotes healthier and faster ingestion methods and lower overall dosing

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), which owns the patented DehydraTECH (trademarked) ingestion technology platform, is building its strategic intellectual property (IP) portfolio with three more patents in Australia and two Notices of Allowance from the U.S. Patent and Trademark Office (USPTO). LXRP expects to receive corresponding patents in the U.S. prior to year-end 2018 and also expects two more new patents in Australia to be received prior to year-end (http://nnw.fm/E1x1H).

If all are issued, LXRP will then hold 12 issued patents within its first patent family, “Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof.” It would strengthen LXRP’s IP claims in both countries. All new Australian patents are…

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